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24-month partnership positions YY Group as a regional deployment partner for Velobotics' VIGGO autonomous fleets in Singapore and Malaysia.
Initiative supports the Company's strategic focus on integrating AI and L4 autonomous driving technology into high-traffic commercial environments.
Collaboration aims to enhance service quality, mitigate chronic labor shortages, and drive long-term margin expansion across YY Group's integrated facility management (IFM) portfolio.
SINGAPORE, May 26, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced that it has signed a non-binding Memorandum of Understanding with Beijing Velobotics Tech Co., Ltd. ("Velobotics"), a leader in commercial autonomous service hardware.
Under the partnership, YY Group intends to serve as a regional commercialization and deployment partner for Velobotics' advanced VIGGO L4 autonomous floor-scrubbing and multi-purpose fleets across Singapore and Malaysia. The collaboration targets the systematic integration of these robotic assets into premium commercial environments currently managed under YY Group's extensive IFM footprint, including transportation hubs, major banking facilities, and mixed-use complexes.
The initial deployment phase is planned to evaluate the VIGGO SC series. Built upon Velobotics' proprietary autonomous driving deep-learning architecture, the hardware features advanced multi-sensor fusion alongside specialized automated docking workstations. These workstations are designed to enable hands-free operational loops, including fully automatic water replenishment, self-draining, and autonomous charging, aiming to drastically reduce manual intervention frequencies and optimize human efficiency ratios.
"Integrating L4 autonomous driving technology into our daily IFM workflows bridges the gap between traditional manual operations and high-margin smart facility management," said Mike Fu, Chief Executive Officer of YY Group. "By partnering with Velobotics to explore the deployment of self-navigating fleets, our goal is not only to elevate service quality but to structurally insulate our operating margins from regional labor shortages. This is a highly practical execution of our broader AI-native infrastructure roadmap."
The partnership aligns directly with the Agentic and Robotic Automation parameters outlined in YY Group's May 11, 2026 Strategic Update. By layering Velobotics' autonomous assets alongside its existing regional programmes, YY Group continues to execute its strategy of serving as a key institutional gateway for advanced commercial automation deployment across Southeast Asia.
The partnership has an initial term of 24 months and is non-binding except with respect to confidentiality, intellectual property, public disclosure, and governing law provisions. The Parties intend to negotiate one or more definitive agreements covering commercial terms for product purchase, deployment, and potential market development rights. There can be no assurance that the Parties will enter into definitive agreements, that products will be deployed at any specific scale, or that the collaboration will generate any specific level of revenue or operational impact.
About YY Group Holding
YY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.
As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.
Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
24-month partnership positions YY Group as a regional deployment partner for Velobotics' VIGGO autonomous fleets in Singapore and Malaysia.
Initiative supports the Company's strategic focus on integrating AI and L4 autonomous driving technology into high-traffic commercial environments.
Collaboration aims to enhance service quality, mitigate chronic labor shortages, and drive long-term margin expansion across YY Group's integrated facility management (IFM) portfolio.
SINGAPORE, May 26, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-native workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced that it has signed a non-binding Memorandum of Understanding with Beijing Velobotics Tech Co., Ltd. ("Velobotics"), a leader in commercial autonomous service hardware.
Under the partnership, YY Group intends to serve as a regional commercialization and deployment partner for Velobotics' advanced VIGGO L4 autonomous floor-scrubbing and multi-purpose fleets across Singapore and Malaysia. The collaboration targets the systematic integration of these robotic assets into premium commercial environments currently managed under YY Group's extensive IFM footprint, including transportation hubs, major banking facilities, and mixed-use complexes.
The initial deployment phase is planned to evaluate the VIGGO SC series. Built upon Velobotics' proprietary autonomous driving deep-learning architecture, the hardware features advanced multi-sensor fusion alongside specialized automated docking workstations. These workstations are designed to enable hands-free operational loops, including fully automatic water replenishment, self-draining, and autonomous charging, aiming to drastically reduce manual intervention frequencies and optimize human efficiency ratios.
"Integrating L4 autonomous driving technology into our daily IFM workflows bridges the gap between traditional manual operations and high-margin smart facility management," said Mike Fu, Chief Executive Officer of YY Group. "By partnering with Velobotics to explore the deployment of self-navigating fleets, our goal is not only to elevate service quality but to structurally insulate our operating margins from regional labor shortages. This is a highly practical execution of our broader AI-native infrastructure roadmap."
The partnership aligns directly with the Agentic and Robotic Automation parameters outlined in YY Group's May 11, 2026 Strategic Update. By layering Velobotics' autonomous assets alongside its existing regional programmes, YY Group continues to execute its strategy of serving as a key institutional gateway for advanced commercial automation deployment across Southeast Asia.
The partnership has an initial term of 24 months and is non-binding except with respect to confidentiality, intellectual property, public disclosure, and governing law provisions. The Parties intend to negotiate one or more definitive agreements covering commercial terms for product purchase, deployment, and potential market development rights. There can be no assurance that the Parties will enter into definitive agreements, that products will be deployed at any specific scale, or that the collaboration will generate any specific level of revenue or operational impact.
About YY Group Holding
YY Group Holding Limited (Nasdaq: YYGH) is an AI-native workforce management platform and integrated facility management (IFM) provider, headquartered in Singapore and operating across Asia and beyond. The Company's intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YY Group's IFM business, its 24IFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.
As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YY Group is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the YY Group Holding Limited's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) growth of the hospitality market across Southeast Asia, Hong Kong, and other markets in which the Company operates, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) governmental approvals and regulations, (vi) our ability to successfully develop, deploy, and commercialize our AI-powered products and capabilities, including through strategic partnerships, and (vii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. All information provided in this press release is as of the date of this press release, and YY Group Holding Limited undertakes no duty to update such information, except as required under applicable law.
Investor Contact
Jason Zhi Yong Phua, Chief Financial Officer
YY Group
enquiries@yygroupholding.com
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
YY Group (NASDAQ: YYGH) Announces Strategic Partnership with Velobotics to Advance Autonomous Facility Management Capabilities in Southeast Asia
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SINGAPORE, May 26, 2026 /PRNewswire/ -- Digital travel platform Agoda has announced a strategic partnership with the Delhi Tourism & Transportation Development Corporation (DTTDC) and Government of NCT of Delhi, aimed at positioning Delhi as a leading year-round tourist destination. The Memorandum of Understanding (MoU) was exchanged at the Tourism Stakeholders Conference, "Delhi: From Transit to Destination," held at The Ashok Hotel, New Delhi, on 2 May 2026.
The partnership supports the Government of NCT of Delhi's vision of showcasing Delhi's cultural, heritage, and business attractions to a global audience and developing the city as a year-round tourism destination.
Under the partnership, Agoda will deploy targeted digital marketing campaigns and thematic promotions across its global network to highlight Delhi's signature offerings, including the Museum Trail, Spiritual Circuits, festivals, and curated heritage and cultural experiences developed by DTTDC. The collaboration also extends to capacity-building for tourism stakeholders through knowledge-sharing initiatives, including Agoda's Sustainable Tourism Academy, supporting Delhi's transition toward more sustainable and inclusive tourism practices.
Mr. Gaurav Malik, Country Director India at Agoda, shared, "Our goal is to help enrich Delhi's image and combine our efforts with DTTDC in their vision of establishing Delhi as a multi-purpose, year-long destination. By leveraging Agoda's expansive digital reach, we're excited to attract more tourists to experience Delhi's unique offerings and help everyone experience the magic of this remarkable city."
Mr. Suneel Anchipaka, IAS, Managing Director, DTTDC, said, "This partnership reflects the Government of NCT of Delhi's commitment to positioning Delhi as a world-class tourism destination. By engaging a global digital travel platform, we aim to broaden Delhi's visibility, support our hospitality and MSME stakeholders, and ensure that the gains from tourism translate into livelihoods, heritage conservation, and economic opportunity for the citizens of Delhi. Partnerships of this nature are central to realising the Government's vision of Vikas bhi, Virasat bhi."
Through this MoU, DTTDC and Agoda will collaborate on focused digital marketing, stakeholder capacity-building, sustainability initiatives, and data-driven destination strategy, with the goal of contributing to Delhi's emergence as a leading global tourism destination.
SINGAPORE, May 26, 2026 /PRNewswire/ -- Digital travel platform Agoda has announced a strategic partnership with the Delhi Tourism & Transportation Development Corporation (DTTDC) and Government of NCT of Delhi, aimed at positioning Delhi as a leading year-round tourist destination. The Memorandum of Understanding (MoU) was exchanged at the Tourism Stakeholders Conference, "Delhi: From Transit to Destination," held at The Ashok Hotel, New Delhi, on 2 May 2026.
The partnership supports the Government of NCT of Delhi's vision of showcasing Delhi's cultural, heritage, and business attractions to a global audience and developing the city as a year-round tourism destination.
Under the partnership, Agoda will deploy targeted digital marketing campaigns and thematic promotions across its global network to highlight Delhi's signature offerings, including the Museum Trail, Spiritual Circuits, festivals, and curated heritage and cultural experiences developed by DTTDC. The collaboration also extends to capacity-building for tourism stakeholders through knowledge-sharing initiatives, including Agoda's Sustainable Tourism Academy, supporting Delhi's transition toward more sustainable and inclusive tourism practices.
Mr. Gaurav Malik, Country Director India at Agoda, shared, "Our goal is to help enrich Delhi's image and combine our efforts with DTTDC in their vision of establishing Delhi as a multi-purpose, year-long destination. By leveraging Agoda's expansive digital reach, we're excited to attract more tourists to experience Delhi's unique offerings and help everyone experience the magic of this remarkable city."
Mr. Suneel Anchipaka, IAS, Managing Director, DTTDC, said, "This partnership reflects the Government of NCT of Delhi's commitment to positioning Delhi as a world-class tourism destination. By engaging a global digital travel platform, we aim to broaden Delhi's visibility, support our hospitality and MSME stakeholders, and ensure that the gains from tourism translate into livelihoods, heritage conservation, and economic opportunity for the citizens of Delhi. Partnerships of this nature are central to realising the Government's vision of Vikas bhi, Virasat bhi."
Through this MoU, DTTDC and Agoda will collaborate on focused digital marketing, stakeholder capacity-building, sustainability initiatives, and data-driven destination strategy, with the goal of contributing to Delhi's emergence as a leading global tourism destination.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Agoda and DTTDC Launch MoU to Position Delhi as a Year-Round Destination
